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EXCEL - IDEA: XBRL DOCUMENT - EARTH DRAGON RESOURCES INC.Financial_Report.xls
10-Q - FORM 10-Q - EARTH DRAGON RESOURCES INC.form10q.htm
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EX-31.1 - CERTIFICATION - EARTH DRAGON RESOURCES INC.ex311.htm
EX-32.1 - CERTIFICATION - EARTH DRAGON RESOURCES INC.ex321.htm
EX-31.2 - CERTIFICATION - EARTH DRAGON RESOURCES INC.ex312.htm
EX-32.2 - CERTIFICATION - EARTH DRAGON RESOURCES INC.ex322.htm
v2.4.0.6
Statements of Cash Flows (Unaudited) (USD $)
3 Months Ended 46 Months Ended
Aug. 31, 2011
Aug. 31, 2010
Aug. 31, 2011
Cash Flows from Operating Activities      
Net loss $ (108,132) $ (4,313) $ (659,673)
Adjustments to reconcile net loss to net cash used for operating activities:      
Impairment of mining property acquisition costs       6,500
Impairment of investment in Tanzania Joint Venture       125,000
Accretion of debt discount 23,481    23,481
Changes in operating assets and liabilities:      
Prepaid expenses 1,500    (5,950)
Accounts payable and accrued liabilities 23,105 1,428 85,548
Due to related party 60,000    151,339
Net cash provided by (used for) operating activities (46) (2,885) (273,755)
Cash Flows from Investing Activities      
Mineral property acquisition       (6,500)
Investment in Tanzania Joint Venture       (125,000)
Net cash provided by (used for) investing activities       (131,500)
Cash Flows from Financing Activities      
Proceeds from sale of common stock       118,000
Due to related party    2,825 7,309
Proceeds from notes payable       315,000
Repayment of notes payable       (35,000)
Net cash provided by (used for) financing activities    2,825 405,309
Increase (decrease) in cash (46) (60) 54
Cash, beginning of period 100 18,700   
Cash, end of period 54 18,640 54
Supplemental Disclosures of Cash Flow Information:      
Interest paid 0 0 0
Income taxes paid 0 0 0
Schedule of non-cash financing activities:      
Issuance of Promissory Note to Irish Son Limited (""ISL"") in exchange for ISL's payment of company liabilities (Accounts payable and accrued liabilities- $1,980, Due to related party - $25,000) 0 0 26,980
Increase in due to related party (Yuan Kun Deng, Chief Executive Officer of the Company from October 23, 2007 (inception) to September 21, 2010) as a result of Mr. Deng's payment of Company liabilities 0 0 2,566
Forgiveness of due to related party by Yuan Kun Deng, Chief Executive Officer of the Company from October 23, 2007 (inception) to September 21, 2010 $ 0 $ 0 $ 9,775